Meeting solicitor in Cork this afternoon to discuss rates, what should I look for?

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animha

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Hiya
Just wondering if anybody who has ever haggled with a solicitor could let me know what rate/flat fee I should look for and types of question to ask.

I've just put a booking deposit on an apt for 480k and want to know what the best rate I can get is i.e. I would prefer not to pay 5k to a solicitor.

I'm based in Cork.

Thanks!
 
animha said:
Hiya
Just wondering if anybody who has ever haggled with a solicitor could let me know what rate/flat fee I should look for and types of question to ask.

I've just put a booking deposit on an apt for 480k and want to know what the best rate I can get is i.e. I would prefer not to pay 5k to a solicitor.

I'm based in Cork.

Thanks!
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Ask for a flat rate rather than a percentage.
 
Thanks, any suggestions on what a reasonable flat rate should be and what the extras could be?
 
Be careful not to let price become the dominant issue in your negotiations. A good deal on price is not much use to you if the service & quality of work is bad.
 
Re: Meeting solicitor in Cork this afternoon to discuss rates, what should I look for

ubiquitous said:
Be careful not to let price become the dominant issue in your negotiations.
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Especially since many of the charges involved will not be negotiable anyway since they are not under the control of the solicitor (e.g. stamp duty, VAT, Land Registry/Registry of Deeds charges, search fees etc.). Only the solicitor's professional conveyancing fee may be negotiable. Ask the solicitor for an outline of the expected charges (a "section something" document - can't remember the name...) so that you can assess how much of the overall expected charges will be made up by the solicitor's own fee. As far as I know anything from €600 upwards would be normal for this particular charge. Check out some of the other threads on the board about how conveyancing fees break down. And try to use a solicitor recommended to you by somebody who was happy with them even if it costs a bit more than the lowest quote that you find.
 
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